Foresight News reports that K33 Research statistics show that the assets under management (AUM) of the US spot and derivatives BTC ETFs have surpassed $12.9 billion, first exceeding that of gold ETFs ($12.88 billion). Zhang Yinghua, Chief Institutional Business Officer (CIBO) of OSL, stated that the total AUM of Hong Kong's BTC spot ETF is HKD 3.087 billion, accounting for 0.66% of the Hong Kong ETF market (HKD 463 billion), with OSL's partners accounting for over 60%.
Zhang Yinghua further stated that, from the perspective of market share, the current AUM of $12.9 billion for US BTC ETFs accounts for 1.2% of its ETF market, while the same figure for Hong Kong is 0.66%. The two do not show a significant difference in proportion, and since the listing of the Hong Kong BTC ETF on April 30, 2024, there has been a net inflow of approximately 380 BTC, with total AUM increasing by about 66%, indicating that the impact of Hong Kong's crypto ETFs on the local financial market is also significant, while possessing enormous development potential.
